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MM2H

Approved participants of Malaysia My Second Home Programme are provided with various incentives to make their stay more comfortable and enjoyable in Malaysia.

Please be informed that property purchase is not a pre-requisite for participating in MM2H programme. 


Any foreigner may purchase any number of residential property in Malaysia, subject to the minimum price established for foreigners by the different states. They start from RM500,000 per unit for most states, from 1st January 2010. Land is a state matter and it is important to check state laws before making any commitment, as the minimum purchase price is not standardised between states. 

Also ensure that your lawyer does thorough check with the local land office that you have ownership rights to any property that you are purchasing and that the property you are purchasing is under your personal name; and not of a third person.

Fixed deposit withdrawals for purpose of house purchase is allowable for property bought under the name of the MM2H main applicant only.

Profit made on the sale of property is 5% (Real Property Gains Tax)

 

Documents :

1 . Acquisition of Properties

2. Bringing in Personal Belongings


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